$250,000
5037 ALFRED Drive
West Palm Beach, FL 33417
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $250,000
- Price per sq ft
- $200
- Vs. nearby sales
- In line
- Days on market
- 65
This 2-bedroom single-family home in Cypress Lakes 2 is listed at $250,000, or $200 per square foot. The asking price has come down 5.7% from its original $265,000. It has been on the market for 65 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $195 per square foot, so the asking price is in line with what comparable homes here actually sold for.
Estimated monthly payment
$1,314 /mo
Principal and interest only, based on $50,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $328/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $250,000
- Days on Site
- 65 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,250 sqft
- Total Sq Ft
- 1,346 sqft
- Lot Size
- 0.07 Acres
- Year Built
- 1979
- Property Type
- Single Family
- MLS #
- B26054563
- Property Tax
- $3,934 (2025)
- HOA Fees
- $328 / Monthly
- Subdivision
- CYPRESS LAKES 2
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
Beautifully updated, fully furnished turn-key 2-bedroom, 2-bath villa in the desirable 55+ gated community of Cypress Lakes. Enjoy garden views a renovated master bath with smart mirror and an enclosed Florida room which can convert to an extra bedroom. HOA includes golf, clubhouse, pool, spa, hot tub, fitness center, tennis, library, shuffleboard, pickleball, cable, an array of classes, card games, internet, lawn care, and 24-hour gated security. Move in, unpack your bags and enjoy Florida retirement living as an active adult in Cypress Lakes, amenities galore!
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1979
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Asphalt
- Direction Faces
- Northwest
- Lot Size (Acres)
- 0.07
- Living Sq Ft
- 1,250
- Total Sq Ft
- 1,346
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RS
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Range / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Carpet / Ceramic Tile / Tile / Wood
- Interior Features
- Bedroom On Main Level / Family Dining Room / Pantry / Separate Shower / Stacked Bedrooms
- Laundry
- Inside / In Kitchen
- Windows
- Double Hung / Metal / Sliding
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Stucco
- Roof
- Shingle
- Exterior Features
- Awnings / Outdoor Living Area
- Architectural Style
- Other / Ranch
- Private Pool
- Yes
- Pool Features
- Association
- Patio & Porch
- Covered / Patio / Porch
- Lot Features
- Landscaped / Less Than Quarter Acre
- Waterfront Features
- None
Community & HOA
- HOA Fee
- $328 / Monthly
- HOA Name
- Cypress Lakes Homeowners Assoc
- HOA Includes
- Common Areas / Cable Tv / Hvac / Maintenance Grounds / Recreation Facilities / Security
- Association Amenities
- Billiard Room / Clubhouse / Fitness Center / Golf Course / Gated / Library / Management / Pool / Recreation Facilities / Shuffleboard Court / Sauna / Spa Hot Tub / Sidewalks / Tennis Courts / Workshop Area
- Community Features
- Gated / Property Manager On Site
- Security
- Security System Owned / Gated With Guard / Gated Community / Smoke Detectors / Security Guard
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required / No Lease1st Year Owned / Other Restrictions / Ok To Lease / Rental Restriction
- MLS Area
- 5400
This home's HOA fee works out to $328 a month, 20% below the $408 median across 24 homes for sale in Cypress Lakes 2. See Cypress Lakes 2 HOA fees
Schools
- Elementary School
- Egret Lake
- Middle School
- Bear Lakes
- High School
- Palm Beach Lakes
About the Community
Cypress Lakes is an age-restricted 55+ community in West Palm Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $215,000 to $350,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Cypress Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 24
- Under Contract
- 4
- Median List Price
- $329,950
- Median $/Sq Ft
- $218
- Avg Days on Market
- 75
Frequently Asked Questions
- How do I schedule a tour of 5037 ALFRED Drive, West Palm Beach, FL 33417?
- Use the Tour button on this listing to request a showing of 5037 ALFRED Drive, West Palm Beach, FL 33417. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5037 ALFRED Drive, West Palm Beach, FL 33417 still available?
- 5037 ALFRED Drive, West Palm Beach, FL 33417 is currently listed as Active, and has been on the market 65 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5037 ALFRED Drive, West Palm Beach, FL 33417?
- With 20% down ($50,000) on the $250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5037 ALFRED Drive, West Palm Beach, FL 33417 is about $1,314/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5037 ALFRED Drive, West Palm Beach, FL 33417?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5037 ALFRED Drive, West Palm Beach, FL 33417. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5037 ALFRED Drive, West Palm Beach, FL 33417 have an HOA fee?
- Yes: 5037 ALFRED Drive, West Palm Beach, FL 33417 carries an HOA fee of about $328 monthly (Cypress Lakes Homeowners Assoc). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5037 ALFRED Drive, West Palm Beach, FL 33417?
- 5037 ALFRED Drive, West Palm Beach, FL 33417 is zoned for Egret Lake (elementary), Bear Lakes (middle), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5037 ALFRED Drive, West Palm Beach, FL 33417?
- Often, yes. The right offer on 5037 ALFRED Drive, West Palm Beach, FL 33417 depends on how it's priced against comparable single family sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Kenmar Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 23, 2026.
$250,000
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Listed by Gale G Jackson, Kenmar Realty LLC
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Recent Sales
Recently sold homes in Cypress Lakes 2
These are the last 6 recorded closings in Cypress Lakes 2, with the price each home actually sold for rather than what it was listed at. They closed at a median of $208 per square foot. The most recent closed on August 27, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$379,000
Sold · August 27, 2026
3882 Dafilee Circle
2 bed · 2 bath · 1,715 sqft · $221/sqft
Sold$315,000
Sold · August 25, 2026
5480 Mariesa Avenue
3 bed · 2 bath · 1,512 sqft · $208/sqft
$24,000 under the asking price
Sold$347,000
Sold · August 3, 2026
3549 Dora Lane
2 bed · 2 bath · 1,920 sqft · $181/sqft
$22,000 under the asking price
Sold$270,000
Sold · July 28, 2026
5451 Mariesa Avenue
2 bed · 2 bath · 1,246 sqft · $217/sqft
$2,900 under the asking price
Sold$210,000
Sold · July 24, 2026
3358 Americo Drive
2 bed · 2 bath · 1,250 sqft · $168/sqft
Sold$265,000
Sold · June 17, 2026
5126 Michael Drive Drive
2 bed · 2 bath · 1,456 sqft · $182/sqft
$27,900 under the asking price
See every recorded sale in Cypress Lakes 2 or find out what your Cypress Lakes 2 home is worth.
